Australia mulls interest rates cut


Australia's central bank meets to decide on its monetary policy later.

The cost of borrowing currently stands at 3%, and some economists are expecting it to cut to a record low of 2.75% amid a pessimistic economic outlook.

From Sydney, Nick Bryant reports.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.